Investment Amount
Stock Potential Returns Over 2 Years (1)
Accelerator Potential Returns
Total Returned To Investor
●Former CEO of Spirit Airlines, Co-Inventor of Lipitor, A Top Selling Drug Of All Time, Join CrossWork Board of Advisors.●CrossWork.us Named “2021 Best Pre-IPO VC Fund Manager – USA”●CrossWork Midas SEC (U.S. Securities And Exchange Commission) Filing●Colonel (Retired) Dr. Stephen Golden Joins CrossWork.us Advisory Board●Anatomy Of A Billion Dollar Exit – Cvent.com
A leading pre-IPO group driven by top senior strategic + venture capital professionals
Midas Pre-IPO Fund - focused on venture capital investments in pre-IPO companies. Fund headquartered in California
Emerging Pre-IPO Fund - focused on venture capital investments in multi-stage pre-IPO companies
Later Stage Accelerator - focused on companies up to $100 million in revenues that seek help scaling, fundraising and institutionalizing. We drive and support strategic growth and strategic financial events
For Pre-IPO Investors:
Investments led by a team of ex-Goldman Sachs investment bankers
Grade A opportunities: Hard to access Pre-IPO and late stage accelerator companies with unique return enhancements not available in other funds
We have participated in over $20 billion in IPO and M&A exits
Midas Pre-IPO Fund
Companies within 2 years of IPO with a unique / complementary returns enhancement
Emerging Pre-IPO Fund
Companies prior to pre-IPO stage that have the potential over time to reach billion dollar valuations
Midas Pre-IPO Fund
- Fund focuses on acquiring equity interests in 8-20 exceptional pre-IPO companies
- The 2020 cohort within our core strategy had extremely high returns (>50% p.a.) between the last valuation and going public
- Example targets include Impossible Foods, Robinhood, SpaceX, 23andMe, Instacart, Reddit, Houzz and more
- To further enhance retums , we add complementary equity to the portfolio in 10 additional emerging pre-IPO companies
- Formed by ex-Goldman Sachs bankers with an extended team of 20+ professionals, advisors, and consultants from hedge funds to Fortune 500 companies.
Emerging Pre-IPO Fund
- Fund focuses on acquiring equity interests in up to 30 multi-stage companies that each have the potential ability to reach $1 billion+ in valuation
- Based on our core strategy, if one of the thirty companies reaches a $2 billion valuation, fund returns over 10x to investors
- If returns fall below our floor of 15% , we add complementary equity to the portfolio in 10 additional companies
- Fund is able to leverage the power and value add of its team and advisory board to add value to portfolio companies and invest at attractive levels
- Pre-IPO prices are a premium to emerging pre-IPO prices allowing for enhanced returns
2021/22 IPO Spotlight:
Cvent Is Going Public Again!
CrossWork Midas Partner Identified And Completed An Initial Investment In Cvent
-
A CrossWork adviser, an ex-Goldman Sachs banker, completed an early stage investment in
-
completed an IPO on the New York Stock Exchange. IPO valuation over $1 billion
-
was subsequently acquired for $1.6 billion by a fund founded by a former Goldman Sachs colleague
- As of August 2020 ranked top 10 among enterprise software companies in USA
- Note: We also have our fair share of investments that have failed, and that we learn from. Our strategy is focused on a portfolio approach to reduce risk
What Others Think About Us
“We are highly impressed by CrossWork, its track record of billion dollar exits, its lengthy experience with pre-IPO companies (going as far back as Facebook, Twitter and Cvent) and its ability to attract substantial pre-IPO companies”
-Ceed Ventures
In addition to completing an investment in Cvent, Steven (CrossWork Partner), helped us complete our round and provided us with significant strategic guidance
-Cvent CEO
“They have a large deal network and are strong at sourcing deals and completing investments”
-Hollywood Branded
Benefit Example:
CrossWork vs. Other Funds vs. Self Investing -
Illustrative comparison of return profile
CrossWork Midas Pre-IPO Fund
$100
$117
$60
$277
Standard Pre-IPO Fund
$100
$117
$0
$227
Non-venture investment professional tries to build a pre-IPO portfolio
$100
$40
$0
$140
(1) Pre-IPO Returns based on Crunchbase News: Unicorns Get More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day “What we found for those unicorns that have made exits is that the 2020 IPO cohort offered up a 117 percent increase between the last known valuation for a company and its valuation upon going public—the highest jump in a five-year timeframe. The median date for these last private valuations is around two years prior to their IPO” Non-venture investment professional returns discounted for lack of access to key opportunities and errors based on lack of valuation and other experience. Accelerator returns based on projected model of complementary equity return. Past results are no guarantee of future performance.
Benefit example: CrossWork vs. other
funds vs. self investing -
Illustrative comparison of return profile
Investment Amount
CrossWork Midas Pre-IPO Fund
$100
Standard Pre-IPO Fund
$100
Non-venture investment professional tries to build a pre-IPO portfolio
$100
Stock Potential Returns Over 2 Years (1)
CrossWork Midas Pre-IPO Fund
$100
Standard Pre-IPO Fund
$117
Non-venture investment professional tries to build a pre-IPO portfolio
$40
Accelerator Potential Returns
CrossWork Midas Pre-IPO Fund
$60
Standard Pre-IPO Fund
$0
Non-venture investment professional tries to build a pre-IPO portfolio
$0
Total Returned To Investor
CrossWork Midas Pre-IPO Fund
$227
Standard Pre-IPO Fund
$227
Non-venture investment professional tries to build a pre-IPO portfolio
$40
(1) Pre-IPO Returns based on Crunchbase News: Unicorns Get More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day “What we found for those unicorns that have made exits is that the 2020 IPO cohort offered up a 117 percent increase between the last known valuation for a company and its valuation upon going public—the highest jump in a five-year timeframe. The median date for these last private valuations is around two years prior to their IPO” Non-venture investment professional returns discounted for lack of access to key opportunities and errors based on lack of valuation and other experience. Accelerator returns based on projected model of complementary equity return. Past results are no guarantee of future performance.
Unicorn Gets More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day
“What we found for those unicorns that have made exits is that the 2020 IPO cohort offered up a 117 percent increase between the last known valuation for a company and its valuation upon going public”
CrossWork Portal: Review Your Investment Holdings, Distributions And Balance Information Online
CrossWork Investments And Distributions Process Overview:
- You make an investment in a CrossWork fund
- Investments can be made securely via ACH, online bank transfer, bank
wire or Zelle.
- Investments can be made securely via ACH, online bank transfer, bank
- Funds transferred to secured escrow
- Online account set up finalized at CrossWork.us
- Complimentary allocations made to your account
- If your account qualifies for complimentary equity allocations, we
immediately allocate equity to your account that you can review
online.
- If your account qualifies for complimentary equity allocations, we
- Fund completes investments in companies
- As the fund makes investments, we update your online account with
pro forma information regarding your relative allocation of fund
investments
- As the fund makes investments, we update your online account with
Distributions: Payments Of Capital And
Profits To Investors
Proportional Distributions Explanation
- An investor invests $1 million in the fund
- Other investors invest $99 million in the fund
- If fund profits after fees is $99 million:
- Investor makes $1 million in profits ie investor is returned $2 million total
Distributions:
After companies that the fund invests in (1) go public, (2) are acquired or (3) otherwise produce returns
- Once we realize cash (and/or other transferable securities) from investments, we typically distribute proceeds immediately to you.
- They are, generally speaking, made proportionally to your investment
Distributions method
- Distributions are typically made to you through your bank account on record or through other custody arrangements that you can establish.
Search Through Some Of The Companies That We Pay Attention To:
Pre-IPO or Recent Liquidity Event
Deal Flow
In Numbers
20+
High level advisors and consultants with wide industry coverage
1,000+
VC + PE contacts with whom CrossWork team has made contact over the last 5 years
100+
Years of combined investment experience of team
50,000+
Investors, executives, lawyers & accountants contacts in CRM
Broad Sector Experience
Investment Range: Up to $30 million
SOFTWARE, HARDWARE AND SERVICES
INTERNET
CONSUMER AND RETAIL
INDUSTRIAL
MEDICAL DEVICES
BUSINESS SERVICES
Pre-IPO
B2B Technology
Consumer Platforms
For Late Stage Companies:
We focus on businesses with a visible path to M&A, IPO or other exit.
Companies within months or a few years of going public
We have participated in merger exits, IPOs and more valued at over $20 billion.
We add VALLUE to portfolio companies.
FINANCE
Intros to VC's, PE funds, family offices etc. along with strategic preparation
SCALING
Advice or introductions to large customers and strategic partners
FINANCE
Strategy And Preparation
Value proposition, scale, markets and management team. Summaries, presentations etc.
Targeting Strategy
Sector, stage and capital structure relevance
Relationships
Global relationships with top VCs etc.
MENTORS AND ADVISORS
Strategy
Key thinking and insights into core areas of strategy driving long term shareholder value maximization
Finance
Mentors with 20+ years of experience and over $20 billion in transaction experience
Technology
Make good choices to focus and de-risk your platform using modern methodologies and solutions.
Growth
Growth strategy focus and counsel
GROWTH
Partnerships
Insights and thinking about scaling your business through partnerships from mentors that have been there before
Marketing Strategy
Insights and thinking around marketing strategy, super-scaling and approaches
Sales Strategy
Insights around sales leadership, strategy, organization and execution
Recruiting
Relationships, strategy and tactics for recruiting, retention and leadership development
Connect
CROSSWORK MIDAS PRE-IPO FUND
CROSSWORK ACCELERATOR
Contact
- Investors
- Accelerator Companies
- Marketplaces
- Advisors
Apply To CrossWork Accelerator All Year Round
EMAIL ADDRESS
info@crosswork.us
Apply To CrossWork Accelerator All Year Round
EMAIL ADDRESS
info@crosswork.us